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there are people that argue having annual deficit that are almost as big as the federal budget when bill clinton was president is not really a problem. there are people argue having a public held debt be a majority of our economy is not really a problem. there are people who argue that the gross federal debt consuming our entire economy being bigger than our entire economy isn't a problem. and then you have the unfunded liability of the major entitlement program like social security and medicare which are larger by some measures than the world economy. but that's not a problem. and there are usually two arguments that people make to this effect. i try address them in "devouring freedom: can big government ever be stopped?." one is trust us, we're the government. we'll know what to do before the crisis comes. the other it's will a sucker born every minute. people will keep buying the treasury bonds, interest rates will never return to where they were before the financial crisis. the economy at some point will recampaign some semblance of normal growth and everything will be fine. there's no nothi
the nation, fiscal deficits cut three percentage gdp became more indebted. similarly per world countries, difficult to turn themselves around. fiscal surpluses. the country in particular the one that really, in 2008 to baggage in the coming out of this record new, two dozen seven, experiencing developing commodity prices. the finance minister, to spend and give it back to the people. resisted the pressure. they said to know, this money is for a rainy day. kent, of course, you know the rest of the story, the financial crisis. the deaths of the financial crisis, billions of dollars that allowed it to have a $4 billion tax growth. that is exactly. fiscal policy. hanson grasshoppers. that is discipline. clarity. the clarity, want to tell you the story. not jamaica, but the tiny elephant. in 1992 barbados faced an enormous financial interest, a potential financial crisis. the u.s., heavily dependent. the exports the rest of the world. in barbados dementia national monetary fund. barbados had what's cled a face to exchange is case the billion dollars. the country command the same way the value
'm not inequality is caused by people's emotions or feelingings about themselves or a deficit of hope, but that said, one of the students who i wrote about, one of the smartest people i'd ever met, and she simply could not imagine himself ever going to college, and it was not that he had a grand plan for life as an alternative that phac neighborhooded him or that he but his sister even offered toh, gym of give him a money to go, but based on his own life experiences and those of others around him, he just couldn't make a leap of faith. wrote in the book in the most democratic societies, it wields destructive power, one that evades the mind and destroys it. i think when we think about structural inequality, we think of the practical implications, but we also need to think about its psychological implications because though are less easy to see and ultimately harder and complicated to come back. so that will wrap it up and take questions. [applause] >> sarah, thanks. i know you've been covering education for many years. at what stage did this turn into a book for you? did you come out after katrina th
, the last child in the woods about children's nature deficit disorder, as he calls it. this has happened slowly. it started with writers like jack london and william long that theodore roosevelt called major fakers. that put -- we go through how we began increasingly to get our views of nature digitally and on screens rather than hands-on a stewardship kind of things. and so we took ourselves out of the storage of business. we took our cells out of the prediction business. huge swaths of the white tailed year's historic range, which is that eastern one-third of the united states, it's off-limits to human predation, and there is all sorts of evidence not to suggest that the biggest predator of white tail deer since the end of the last ice age is not wolves and cougars but human beings. so -- and i had messages is wildlife do a study. two rules which we all think of much. you cannot discharge a firearm within 150 feet of a hard surface road in massachusetts or thin 500 feet of an occupied dwelling. massachusetts has a lot of rose and a lot of people. it is the fourth most dense -- per four
Search Results 0 to 3 of about 4